Over the past year the management and owners of Graymont Limited (parent of Ecowaste Industries) have been considering options for the ownership of Ecowaste Industries, both to support the ongoing waste management business, but also the creation of the new industrial property development and management business. It was decided that creation of a company separate from Graymont would best serve these businesses.

Effective January 1, 2015, a new parent company named Montrose Property Holdings Limited was formed, and Ecowaste Industries Ltd will be owned by this company. The new company is owned by the shareholders of Graymont Limited, and will continue to provide the same long-term view of the business. We are excited about this change and look forward to continuing to provide the same great service to the waste management industry in Metro Vancouver, as well as our upcoming participation in the industrial property market.